What is Remortgaging?
A Remortgage is when you change from your existing lender to a new lender (whereas a Product Transfer is when you change to a new product with an existing lender). Manchester Mortgages are specialists in finding and getting you approved for the exact remortgage you require.
Typical reasons people remortgage include home improvements, to raise additional money for other purposes, a deposit for property purchase or if your existing lender is unable to continue providing your mortgage.
With a remortgage the new lender will usually offer a free standard valuation of your house / property and will nominate a solicitor to deal with the legal formalities at no cost to you (unless the names on the mortgage have to be amended).